2012-03-01T09:58:47-06:00 2011-06-30 JH COHN LLP 180 GLASTONBURY BOULEVARD GLASTONBURY CT 06033 990 2010-07-01 237168186 CHASE COLLEGIATE SCHOOL INC CHAS 2032369500 565 CHASE PARKWAY WATERBURY CT 06708 STEPHEN CARLETON 2032369500 2012-03-01 1 FRANK SAMBOR 8606333000 2010 2016-02-24 21:20:13Z STEPHEN CARLETON 565 CHASE PARKWAY WATERBURY CT 06708 17279638 0 X CHASECOLLEGIATE.ORG X 1865 CT CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THROUGH GRADE 12. 18 18 151 155 47705 15610 1434628 1076859 12059915 11783783 56641 522164 58204 101684 13609388 13484490 3121649 3115328 0 0 6549283 6707216 0 0 340840 3900599 3774666 13571531 13597210 37857 -112720 30171273 31361381 14192343 13945827 15978930 17415554 TO EDUCATE TOMORROW'S LEADERS AND INSPIRE IN EACH SUDENT A LIFE LONG PASSION FOR LEARNING, PERSONAL ACHIEVEMENT, AND CONTRIBUTION TO THE COMMUNITY. 0 0 11831846 3115328 11805177 CHASE COLLEGIATE SCHOOL IS A CO-EDUCATIONAL INDEPENDENT DAY SCHOOL FOR STUDENTS IN PRE-K THOURGH GRADE 12. THERE WERE 451 STUDENTS ENROLLED IN THE 2010-2011 SCHOOL YEAR. 11831846 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 41 0 1 151 1 1 1 0 0 0 0 1 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X STEPHEN CARLETON CPA 2032369582 565 CHASE PARKWAY WATERBURY CT 067083394 X FERN Z FELDMAN 26.00 X X 0 0 0 ROBERT W GARTHWAIT JR 19.00 X X 0 0 0 JUDITH ROWLEY 19.00 X X 0 0 0 ROBERT MAZAIKA 19.00 X X 0 0 0 KEVIN BENNETT 7.00 X 0 0 0 ANNE BRIGLIA 7.00 X 0 0 0 RICK ERRICHETTI 15.00 X 0 0 0 JOHN HAESTAD 7.00 X 0 0 0 ANN HODGMAN 7.00 X 0 0 0 DAVID LEWIS 7.00 X 0 0 0 PRISCILLA MULVANEY 7.00 X 0 0 0 KELLY MURDY 7.00 X 0 0 0 ADRIENNE PARKMOND 7.00 X 0 0 0 JOHN PRONOVOST 7.00 X 0 0 0 DIANA SMITH 7.00 X 0 0 0 MARGARET SMITH 7.00 X 0 0 0 DR MARCIA TEJEDA 7.00 X 0 0 0 HIRAM UPSON 7.00 X 0 0 0 JOHN FIXX 80.00 X 332944 0 71460 STEPHEN CARLETON 55.00 X 118727 0 63505 451671 0 134965 2 0 1 0 ALL-STAR TRANSPORTATION 146 HUNTINGTON AVENUE WATERBURY CT 06708 BUS AND TRANSPORTATION SERVICES 138012 PREFERRED BUILDING MAINTENANCE 40 SOUTH END PLAZA NEW MILFORD CT 06776 JANITORIAL SERVICES 120950 BUSHKA LUMBER & MILLWORKS 305 FAIRFIELD AVENUE WATERBURY CT 06708 CONSTRUCTION WORK 112385 3 35000 1041859 87554 1076859 TUITION AND FEES 611710 11515868 11515868 SUMMER PROGRAMS 611710 151639 151639 OTHER ACTIVITIES 611710 45292 45292 TRANSPORTATION INCOME 480000 39797 39797 EXTENDED DAY PROGRAM 611710 31187 31187 11783783 346675 346675 22895 22895 22895 22895 3906301 2100 3729912 3000 176389 -900 175489 175489 67320 35000 34735 32585 32585 27924 27501 423 423 CATERING REVENUE 722320 24810 24810 MISCELLANEOUS INCOME 611710 20971 20971 45781 13484490 11805177 47705 554749 3115328 3115328 590719 413504 100422 76793 4642175 4204074 266029 172072 249947 228983 12886 8078 841893 765697 46462 29734 382482 339396 25750 17336 31112 8054 21447 1611 1104 1104 42270 10568 29589 2113 298246 188583 104037 5626 137319 35198 95315 6806 175549 56632 110991 7926 58830 14707 41182 2941 496214 390283 105328 603 67980 49061 17996 923 529709 397282 132427 790217 632174 158043 55643 44514 11129 AUXILLARY EXPENSE 397209 397209 KITCHEN COSTS 180378 180378 OTHER INSTRUCTIONAL 176724 158926 16613 1185 SUPPLIES 122923 111114 11155 654 FUNCTION EXPENSE 109557 54354 51522 3681 103682 35827 65097 2758 13597210 11831846 1424524 340840 882123 1355481 2012035 1218763 1909414 1419479 372794 385566 13492 9301 65710 33030 40180 45858 59859 25119163 10346851 15309957 14772312 8774658 11236126 48745 773358 794413 30171273 31361381 239641 201035 1985565 1989454 11077092 10869237 20500 869545 886101 14192343 13945827 X 9673287 10435263 1349165 1914748 4956478 5065543 15978930 17415554 30171273 31361381 X -112720 1549344 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8823403 833554 2022596 125188 318239 11236126 7588132 524273 1035998 89432 235568 8823403 8250841 687447 -1033156 83014 233986 7588132 0.54150 0.45850 0 0 17558601 6287574 11271027 3078232 2520664 557568 4482330 1538613 2943717 14772312 ACCRUED PAYROLL 495512 ACCRUED TAXES AND EXPENSES 362002 CUSTODIAL LIABILTIES 28587 886101 13484490 13597210 -112720 1549344 1549344 1436624 11547171 1549344 41000 -3527663 -1937319 13484490 0 13484490 10110547 41000 62236 103236 10007311 3589899 3589899 13597210 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT SUPPORTS GENERAL OPERATING EXPENSES INCLUDING TEACHER SALARIES, FINANCIAL AID, AND FACILITIES MAINTENANCE. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE SCHOOL'S U.S. FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2008 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE SCHOOL HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XII, LINE 2D - OTHER ADJUSTMENTS: FINANCIAL AID AND FACULTY REMISSION -3,589,899. COST OF GOODS SOLD 27,501. SPECIAL EVENTS EXPENSES 34,735. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 27,501. SPECIAL EVENTS EXPENSES 34,735. PART XIII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID & FACULTY REMISSION 3,589,899. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATION SCHEDULE E, PART I, LINE 3 ALL ADVERTISEMENTS IN NEWSPAPERS, MAGAZINES, THE SCHOOL NEWSPAPER AND HANDBOOK, ETC. HOLIDAY BAZAAR 22205 22205 1603 3907 GOLF TOURNAMENT 80115 35000 45115 5000 24225 102320 35000 67320 5000 1603 28132 34735 32585 1 FINANCIAL AID, SCHOLARSHIPS & DISCOUNTS 238 3115328 CASH VALUE REDUCED TUITION PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FINANCIAL AID IS PROVIDED VIA A REDUCTION IN TUITION. X X X X 1 1 X X X X X X 0 0 0 0 0 0 0 0 0 JOHN FIXX 264966 0 37000 0 30978 0 30201 0 41259 0 404404 0 0 0 STEPHEN CARLETON 118727 0 0 0 0 0 8073 0 55432 0 182232 0 0 0 PART I, LINE 1A THE HEAD AND HEAD'S FAMILY MUST RESIDE IN THE HEADMASTER'S RESIDENCE IN ORDER THAT THE HEAD MAY EFFECTIVELY PERFORM PRESCRIBED DUTIES, INCLUDING, BUT NOT LIMITED TO, PROVIDING STUDENTS AND TEACHERS OFF HOURS WITH ACCESS TO LOCKED BUILDINGS AND OTHER CAMPUS VENUES WHEN NECESSARY, PROVIDING CAMPUS OVERSIGHT DURING EVENINGS AND WEEKENDS AND VACATIONS, AND PROVIDING COVENIENT ADMINISTRATIVE PRESENCE AT SCHOOL EVENTS. THE HEAD'S OCCUPATION OF THIS RESIDENCE IS A CONDITION OF HIS EMPLOYMENT BY THE SCHOOL AND IS FOR THE CONVENIENCE OF THE SCHOOL. AS A REPRESENTATIVE OF THE SCHOOL, THE HEAD USES SAID HOUSE FOR MEETINGS OF DONORS, STUDENTS, TEACHERS, STAFF MEMBERS, ALUMNI, VISITING TEACHERS, SCHOLARS, TRUSTEES, AND SPEAKERS, AND FOR SUCH OTHER SCHOOL FUNCTIONS AND AFFAIRS AS SHALL BE APPROPRIATE FOR THE BEST INTEREST AND DEVELOPMENT OF THE SCHOOL. DISCRETIONARY PERFORMANCE-BASED COMPENSATION IS BASED UPON THE EMPLOYER'S ASSESSMENT OF THE HEADMASTER'S ATTAINMENT OF CERTAIN ANNUAL AND LONG-TERM MILESTONES, INCLUDING CURRICULAR AND PROGRAMMATIC GROWTH; FINANCIAL MANAGEMENT; ENDOWMENT GROWTH; CAMPUS IMPROVEMENTS AND CAPITAL ADDITIONS; ATTRACTING, RETAINING AND DEVELOPING HIGHLY QUALIFIED PROFESSIONALS; OTHER MILESTONES DEEMED IMPORTANT TO THE OPERATIONAL AND FINANCIAL SUCCESS OF THE SCHOOL BY THE BOARD. CONNECTICUT HEALTH AND EDUCATION 20774UMC6 2007-06-07 11295658 CONSTRUCTION AND DEBT RETIREMENT 0 0 0 11295658 720540 363623 7843644 2008 0 0 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 P CALCAGNI X 5000 1550 0 1 1 J FIXX X 11942 11942 0 1 1 13492 VARIOUS FINANCIAL AID LIZA FIXX WIFE OF HEADMASTER 49268 COMPENSATION AS 3RD GRADE TEACHER AT THE SCHOOL. IN ADDITION, CONSISTENT WITH SCHOOL POLICY AND WITH OTHER FULL-TIME EMPLOYEES WHO HAVE CHILDREN IN THE SCHOOL, SHE RECEIVED NON-TAXABLE TUITION REMISSION WITH A VALUE OF $24,619 DURING THE SCHOOL YEAR. 0 MAUREEN TERRY-CARLETON WIFE OF BUSINESS MANAGER 47018 COMPENSATION AS DEVELOPMENT OFFICER AT THE SCHOOL. IN ADDITION, CONSISTENT WITH SCHOOL POLICY AND WITH OTHER FULL-TIME EMPLOYEES WHO HAVE CHILDREN IN THE SCHOOL, SHE RECEIVED NON-TAXABLE TUITION REMISSION WITH A VALUE OF $19,616 DURING THE SCHOOL YEAR. 0 X 12 50097 FMV X BUILDING SUPPLIES AND RENOVATIONS 5 17035 COST X CLASSROOM FURNISHINGS 1 18000 COST X ATHLETIC & MISC SUPPLIES 6 2422 COST 0 0 0 1 THIRD PARTY USE: PART I, LINE 32B: THE SCHOOL LIQUIDATES ALL STOCK GIFTS VIA WEBSTER BANK FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF THE CHAIR OF THE BOARD, THE VICE CHAIR, THE SECRETARY AND THE TREASURER, WHO IS ALSO THE CHAIR OF THE FINANCE COMMITTEE. FORM 990 IS THEN MADE AVAILABLE TO THE FULL BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY REQUIRES A STATEMENT TO BE SIGNED ANNUALLY BY ALL TRUSTEES. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE HEAD OF SCHOOL IS DETERMINED BY A HEAD EVALUATION, SUPPORT AND COMPENSATION COMMITTEE. THE COMMITTEE HIRES OUTSIDE CONSULTANTS AND PERFORMS STUDIES TO RECOMMEND WHAT THE PROPER COMPENSATION FOR THE HEAD OF SCHOOL SHOULD BE TO REMAIN CONSISTENT WITHIN THE INDUSTRY. THE HEAD OF SCHOOL DETERMINES THE ADMINISTRATORS' COMPENSATION USING COMPARABILITY DATA FROM NAIS AND FROM COMPARABLE SCHOOLS LOCATED IN CONNECTICUT. THE HEAD THEN WORKS WITH THE BUSINESS MANAGER AND THE SUPERVISORY ADMINISTRATORS TO ASSIGN SALARIES FOR THE REMAINING EMPLOYEES OF THE SCHOOL. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. HEADMASTER'S COMPENSATION FORM 990, PART VII AND SCHEDULE J $37,000 OF THE HEADMASTER'S COMPENSATION WAS "AT RISK" AND WAS EARNED THROUGH PERFORMANCE INCENTIVES BASED ON MANAGEMENT OF PERSONNEL, FUND-RAISING SUCCESS, STUDENT ENROLLMENT, BUDGETARY ADHERENCE, SUCCESSFUL IMPLEMENTATION OF THE BOARD'S STRATEGIC PLAN AND OTHER INITIATIVES DEEMED IMPORTANT TO THE LONG-TERM SUCCESS AND STABILITY OF CHASE COLLEGIATE SCHOOL. THE AWARDING OF THE ANNUAL PERFORMANCE INCENTIVE FUNDS, WHICH ARE NOT GUARANTEED, MAINTAINS THE HEADMASTER'S COMPENSATION APPROXIMATING THE MID-RANGE OF SIMILAR COMPARISON SCHOOLS REGIONALLY AND NATIONALLY. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,549,344. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.